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Updated almost 7 years ago,
Subject to & Seller Financing
Whats's going on everyone! Glad to be apart of this amazing group.
Has anyone ever done a subject to, or seller financing deal?
I imagine so, can you please break it down STEP BY STEP exactly how it works if you were wholeTAILING a deal.
Ex. buying a property 60-70 cents on the dollar and selling it via mls, using a realtor to sell it at 100% "as is" market value.
I know there are a bunch of videos and articles out there but maybe someone can explain it in the simplest terms and give me a real-life example from their personal experience.
I kind of understand the general concept of the 2 different deals but not completely knowledgeable yet to feel comfortable to the point where I can present this offer to a potential prospect.
By the way, I've heard both of these deals are better than all-cash deals as if your buying the property to then re-sell. Please state your opinions below and your why's.
Thank you!